Aragon to power the district0x Network

When Jorge and I first set out to build Aragon,
we had a vision of creating an operating system for Decentralized
Autonomous Organizations, providing the infrastructure upon which
organizations of the future would organize, administrate, and govern
themselves. Our mission is to disintermediate trade and provide both the
tooling and conditions necessary for businesses and communities to
maximize their efficiency and potential for value creation.

The Aragon Network
Jurisdiction represents the embodiment of these ideals, a
self-governing system designed to ensure ideal conditions for economic
prosperity to its members.

Today, we are pleased to introduce the first resident of the Aragon Network Jurisdiction, the district0x Network

The district0x Network is a collective of decentralized marketplaces and communities powered by Ethereum, Aragon, and IPFS.
Markets on the network, also referred to as districts, are all built
upon a shared framework comprised of smart contracts and front-end
libraries which provide the functionality necessary to operate communal
marketplaces which are similar to services like AirBNB, eBay, Uber, or
Reddit with payments.

When
a district is created on the district0x Network, a corresponding Aragon
entity will be deployed to the Aragon Network, via which all of the
district’s governance processes will occur. To facilitate open
participation in for all internet citizens, the district0x Network makes
use of a native token that allows holders to stake their tokens to a
district in exchange for voting shares in its Aragon entity. Voting
shares will be used to come to consensus on everything from a district’s
code of conduct, to the ways in which they choose to monetize, to how
any generated revenue on the district is utilized or distributed.

We
believe in a world in which the users of services are also its decision
makers and financial beneficiaries. The district0x team is on a mission
to put the powers afforded by the district0x network effects into the
hands of the network themselves, building a global community of
decentralized markets. As the providers of the infrastructure for all
districts, the Aragon Network is well on its way of becoming the home to
immense number of new organizations within the next few years.